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Tag Archives: taxes

Tax collection drops further in November

Kampala, Uganda | THE INDEPENDENT | Government taxes took yet another hit in November as Uganda Revenue Authority (URA) collected less than the target at the time when there is decry over consistent poor tax performance. A Ministry of Finance November 2019 report on the performance of the economy shows …

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Uganda ahead of Kenya, Tanzania in ease of paying taxes

Kampala, Uganda | THE INDEPENDENT  | Uganda has been ranked ahead of Tanzania and Kenya in the ease with which individuals and investors can file and pay their taxes. According to the Paying Taxes 2020 report by audit firm PricewaterhouseCoopers (PWC) and the World Bank, Uganda is at position 92nd out …

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UNBS starts to bite, wants all imports Certified before taxation

Kampala, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards-UNBS has proposed that Uganda Revenue Authority-URA should tax only imports that have been certified by the standards body. UNBS is mandated to develop, promote and enforce standards to ensure competitiveness of locally manufactured products and to protect the health and safety of consumers …

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AMREF Africa CEO calls for increased taxes on sugar

Kampala, Uganda | THE INDEPENDENT  | The global Chief Executive Officer of international NGO, AMREF Africa, Dr. Gitahi Githinji, has called for legislation on fast foods and sugar if Uganda is to tackle the growing public health threat of Non-Communicable Diseases (NCDs). He said recent statistics are showing that globally …

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URA cancels VAT Registration for 1693 ineligible taxpayers

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has effective 31st October 2019 cancelled Value Added Tax (VAT) registration of 1,693  taxpayers.  The 1,693 taxpayers have been relived of the duty to charge VAT on their supplies. URA has mainly targeted taxpayers who do not file monthly returns, or …

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URA temporarily suspends new rules on import clearance

Kampala, Uganda | THE INDEPENDENT | City traders have suspended their planned strike after agreeing with Uganda Revenue Authority-URA to temporarily suspend it directive stopping them from putting their goods in customs warehouses in Mombasa and compel them to pay taxes immediately they reach the port entry. The directive, which had …

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Uganda reviewing double taxation agreements to stop tax leakages

  Kampala, Uganda | THE INDEPENDENT | Uganda has started revising double taxation agreements it has with developed countries to plug tax loopholes that many corporations have been using to evade taxes. Double taxation agreements govern which country has the right to tax corporate profit when a company has subsidiaries …

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E-LogRev: Uganda rolls out new Electronic Revenue Management System

Kampala, Uganda | THE INDEPENDENT | The Ministry of Local Government has rolled out the automated Revenue Management System, e-logRev aimed at increasing revenue collections. The online tool is used for local taxpayers’ registration, payment assessments, e-payment, reconciliation, enforcement, reporting and integration with other government agencies. The system was launched …

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